Five Below (NASDAQ:FIVE) Price Target Raised to $300.00

Five Below (NASDAQ:FIVE) had its target price increased by Morgan Stanley from $235.00 to $300.00 in a research note issued to investors on Thursday morning, Marketbeat.com reports. They currently have an equal weight rating on the specialty retailer’s stock.

Other equities analysts have also issued research reports about the company. KeyCorp reiterated a “sector weight” rating on shares of Five Below in a research note on Thursday, June 4th. Royal Bank Of Canada cut shares of Five Below to a “sector perform” rating in a report on Thursday, July 9th. Wall Street Zen raised shares of Five Below from a “hold” rating to a “buy” rating in a research report on Sunday, August 30th. Wells Fargo & Company increased their target price on shares of Five Below from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, HSBC upgraded shares of Five Below to a “hold” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $300.70.

Five Below Stock Performance

Five Below stock opened at $252.20 on Thursday. The company has a market capitalization of $13.94 billion, a PE ratio of 22.64, a P/E/G ratio of 1.23 and a beta of 0.99. The company has a 50 day moving average price of $218.05 and a 200-day moving average price of $217.82. Five Below has a fifty-two week low of $137.77 and a fifty-two week high of $263.88.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 EPS. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. On average, analysts forecast that Five Below will post 10.27 earnings per share for the current year.

Institutional Trading of Five Below

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Five Below in the second quarter worth about $31,000. Basecamp Wealth Advisors LLC increased its holdings in Five Below by 83.8% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 182 shares of the specialty retailer’s stock worth $42,000 after buying an additional 83 shares during the period. Bayban acquired a new position in Five Below in the 4th quarter worth approximately $34,000. Elevation Wealth Partners LLC raised its position in Five Below by 966.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock worth $35,000 after buying an additional 174 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Five Below during the 3rd quarter worth approximately $32,000.

More Five Below News

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Five Below reported second-quarter earnings of $1.68 per share, well above the $1.34–$1.40 analyst range, while revenue rose 22.9% year over year to approximately $1.26 billion. Results were supported by strong traffic, repeat visits, comparable-sales growth and demand for new, trend-oriented merchandise. Five Below Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised fiscal 2026 guidance to $5.63 billion–$5.71 billion in revenue and $9.83–$10.31 in EPS. Third-quarter EPS guidance of $1.01–$1.13 also exceeds the prior consensus estimate, signaling continued operating momentum. Five Below Q2 Earnings Call Centers on Traffic and Raised Outlook
• Positive Sentiment: The company authorized a $600 million share-repurchase program, which could support per-share earnings and signal confidence in future cash generation. Five Below Unveils $600 Million Share Repurchase Plan
• Positive Sentiment: Analysts raised targets following the earnings beat: Goldman Sachs moved to $306 with a Buy rating, JPMorgan to $368 with an Overweight rating, Truist to $297 with a Buy rating and Morgan Stanley to $300 while maintaining Equal Weight. These revisions reinforce improving expectations for growth and margins.
• Neutral Sentiment: Jim Cramer highlighted that comparable-sales growth is decelerating, although it remains strong. Consensus targets imply further upside, but target-price metrics alone are not reliable predictors of returns.
• Negative Sentiment: Some retail earnings point to a wider split among U.S. consumers. Five Below still faces potential tariff and margin pressures, and slowing comparable-sales growth could temper the rally if traffic or discretionary spending weakens. Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.